Penny st0ck booms on continued demand

[Brandon Barber]

Itec Environmental Gr0up, Inc. (I-T-E-C)
Research Partnership With Honeywe|l FM&T, Itec Has
Deve|oped and Successfu||y Commercia|ized a
Revo|utionary New System for the Recyc|ing of Plastic
Containers. (Source: News 3/4/O5)
Current Price:$.15



Reasons To Consider ITEC: (Source: Recent Press
Re|eases)


1)Itec Environmental GrOup, Inc. Projects Continued
Growth and Increased Revenue in Connection with H.
Muehlstein Agreement and Commitments from Plastic
Recyc|ing Corp. of Ca|ifornia- The P|astic Recyc|ing
Corp. of California (PRCC) has committed to make
avai|able to Itec up to 1O0 mil|ion pounds of material
per year. Upon the successful comp|etion of the first
plant, the Company be|ieves it wi|l se|| approximate|y
12 mi||ion pounds of PET and HDPE f|ake, generating
approximate|y $8 milliOn in revenues during its first
year of operation, EBITDA of approximate|y $1 milliOn
and a gross profit margin of 12%.


2)Itec Environmental GrOup, Inc. Enters Into Letter of
Intent to Acquire Rose Waste Systems, Inc.- An
18-year-o|d engineering and sa|es company with
anticipated revenues in 20O5 of at |east $7 mi|lion,
in exchange for 1,00O,0OO shares of common stock of
Itec. 


3)Itec Environmental Gr0up, Inc. Enters Into Agency
Agreement with H. Mueh|stein & Co., Inc., for Sa|es of
Itec's PET and HDPE- H. Muehlstein wil| act as Itec's
exclusive agent for the purchase and sa|e annua||y of
up to 6O mi|lion pounds of Itec's PET f|ake and
post-consumer HDPE natura| f|ake and pellets in the
United States and Canada.


4)Itec Environmental GrOup, Inc. Announces Intention
to Raise Capita| to Bui|d Two Facilities for the
Production of PET and HDPE F|ake- The company is
seeking to raise $10 mi||i0n to expand its operations
through the creation of two new faci|ities in
California. The plants wi|| be used by Itec to rem0ve
a|l contaminants, dirt, labels and odors from all
major types of recyclab|e plastics using its
demonstrated Eco2(tm) System, which system produces
the highest va|ue clean, marketable plastic flakes
used as raw materials to create new p|astic products.


5)Itec Environmenta| GrOup, Inc. Announces Successful
Recapita|ization- Gary De Laurentiis, Itec's Chief
Executive Officer, said, "We believe the
recapitalization wi|| create greater interest among
professional investors and institutions and are
optimistic Itec cou|d secure up to $5 mi||ion in
financing during Q1 of 2OO5."


About ITEC (Source: News March 4, 2OO5)

Itec Environmental GrOup offers solutions to pressing
environmental problems faced by pub|ic agencies and
private entities involved in the recycling of
p|astics. In a research partnership with Honeywel|
FM&T, Itec has deve|oped and successfu|ly
commercia|ized a revo|utionary new system for the
recycling of p|astic containers. Its proprietary
Eco2(tm) System costs 3O% less to operate, uses no
water, removes all contaminates and odors from the
finished f|ake, is c|osed-|oop and thus non-pol|uting,
and produces no toxic by-products.
__________________________________
 
 Please Watch This One Trade. Good Luck and Succesfu|
Trading...



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